Rhode Island, US-based casino operator Bally's has signed a framework agreement with Ira Lubert to jointly design, develop, construct and manage a Category 4 licensed casino in Pennsylvania.
UK-based Conygar Investment has submitted a planning application for the first major phase of the £650m Island Quarter mixed-use development in Nottingham, UK.
British real estate investment trust (REIT) company SEGRO has announced the start of construction works at the SEGRO Logistics Park Northampton Gateway.
Saudi Arabia’s national community developer ROSHN has signed contracts worth SAR1.9bn ($510m) with Shapoorji Pallonji Mideast and Siemens to support the first phase development of its Riyadh community development project.
Swedish real estate company Castellum has secured approval from the City of Stockholm for the construction on the new Infinity office project in Stockholm, Sweden.
The Institute for Advanced Learning and Research (IALR) has commenced construction on a new $25.5m Center for Manufacturing Advancement (CMA) at the campus.
US-based commercial real estate developer Trammell Crow Company (TCC) and Clarion Partners have acquired an 89.6-acre land parcel to construct an industrial park in metro Denver, US.
US-based developer Ryan Companies and Cadence Living have announced the expansion of the Acoya brand into Denver, Colorado, the US.
Swedish construction firm Skanska has secured a contract worth about SEK2bn ($241m) from British Land to construct a new office building in London, the UK.
Real estate developer and manager Oxford Properties Group, alongside partner CT REIT, has submitted a rezoning application for Canada Square to redevelop the 9.2-acre midtown site with a 3 million ft2 mixed-use masterplan in Toronto, Canada.
Citycon has signed an agreement with construction company Skanska for the construction of four residential towers that form a part of the Lippulaiva urban development project in Finland.The four residential towers with four to 14 storeys and 275 apartments will be constructed in the north-western end of Lippulaiva.Construction of the towers will commence in spring 2021 and will be completed at the end of 2022 and the beginning of 2023.This project is considered to be a critical step in the firm’s push to expand its residential business.Eight residential towers, including 550 new apartments, will be built on the project site.On 2 December, the preliminary agreement was signed on selling residential building rights of two towers to construction company Hausia.Skanska is also serving as the primary contractor for the shopping centre part of the Lippulaiva urban development project.The contract agreement regarding the shopping centre was signed with Skanska in October 2019.The total price of the signed contract with regard to the residentials is around €50m with VAT.Citycon property development director Risto Seppo said: “We chose Skanska as our partner on the basis of the received tenders and after the development stage, and we are convinced that by choosing the same construction company as both the builder of the shopping centre and the residentials, we will significantly minimise the risks during construction as well as insure the same high quality.”Skanska district manager Jorma Seppä said: "I am delighted that our cooperation with Citycon also continues on residential buildings. In this diverse entity, we utilize Skanska's expertise extensively, from design and procurement to construction.”Currently, Citycon has undertaken a redevelopment project for Lippulaiva, with the previously demolished shopping centre being replaced with an urban hub that will feature a new and modern shopping centre along with the residential towers and a metro station.The new Lippulaiva project will feature a total of 30,000m2 of residential building space, besides 44,000m2 of commercial space housing around 100 different units such as grocery stores, cafés, restaurants, etc. Citycon chief development officer Erik Lennhammar said: “Lippulaiva is an excellent example of Citycon’s strategy, and we are now taking a big step forward in its implementation.
Kyocera has announced its plans to commence construction of a new research and development centre at its Kokubu campus in Kirishima City, Kagoshima, Japan, in January 2021.
The University of Reading has signed an agreement with affiliates of Commonwealth Real Estate for a long lease of land at the university’s Thames Valley Science Park campus in Berkshire, the UK, for the development of new £200m film studios and creative media campus.
The US-based real estate firm Trammell Crow Company’s (TCC) Phoenix Business Unit, along with its capital partner Clarion Partners, has broken ground of Cowden Logistics Center in Tolleson, Arizona.
UK-based Connected Living London has received approval from the Lambeth Council's Planning Committee for its proposal to deliver 139 new homes for rent.
The University of Plymouth has secured conditional planning approval for its new engineering and design facility, Babbage building, from Plymouth City Council.
Manchester Metropolitan University has announced that the construction is set to begin on the new Science and Engineering buildings in January next year.
US-based construction firm Toll Brothers, through its newly formed joint venture, has secured $160m construction financing for new multifamily development in Washington, DC.
Galleries25 has been appointed by Wigan Council to deliver £130m Galleries Shopping Centre redevelopment in Wigan, UK.
Birmingham City Council has agreed to form a joint venture (JV) with Lendlease Europe, a real estate and investment group, for the development of £1.9bn Birmingham Smithfield project in the UK.